4 Promising Business Opportunities for Green Entrepreneurs
While environmental concerns are mounting every year, demand for green solutions is growing at a record pace. According to a recent analysis, the green business sector generates £12 billion of revenue in the United Kingdom alone.
Since there are so many opportunities in the green sector, more entrepreneurs are looking for green business opportunities. If you have a limited startup budget, you can launch a green business online.
Here are some great green business ideas that you can run from home.
Create a green shopping network
Social shopping networks are a big thing these days. Companies like Wanelo and Fab.com provide a lot of benefits, such as:
- Letting users create wish lists
- Providing social proof to customers
- Making the shopping experience more fun
Many social shopping networks are highly specialized. You can create an entire shopping network dedicated to environmentally friendly products and services.
Produce and Sell Your Own Green Products Online
The ecommerce industry is booming. According to eMarketer, online retail sales reached nearly $2 trillion last year. However, some online retailers are faring much better than others. The most successful study and capitalize off of trends, such as the growing demand for green products and use green marketing to appeal to health-conscious consumers.
However, some online retailers are faring much better than others. The most successful study and capitalize off of trends, such as the growing demand for green products.
You can make a bundle by developing your own green store. You don’t need to be a gifted web developer to get started. There are a number of online store platforms for green business that you can look into.
Running a green blog
Many people go online to learn about green living. The keyword “green living” receives about half a million searches on Google every month.
Savvy bloggers can capitalize off this market. If you write engaging, original content about it, you can generate a lot of money from a green blog.
“Green blogging is one of the most lucrative niches in 2017,” says Ryan Kh, founder of Catalyst for Business. “I have spoken with a green blogger that generates a couple thousand dollars in revenue a month from green blogs they run in his spare time. It’s not enough for him to leave his day job as a programmer, but it’s a great start.”
There are a number of ways to monetize a green blog:
- Promoting AdSense ads
- Running sponsored posts for green companies
- Generating leads for solar power providers another green businesses
You can start a green blog for as little as $30.
Businesses are investing in green solutions for a number of reasons, including:
- Running positive publicity
- Cutting costs of energy, paper and other expenditures
- Minimizing fines for regulatory violations
- Ensuring the sustainability of their industries
The Sierra Club states that green consulting is a promising career field. The salary is competitive and job growth is accelerating.
“The Green Careers Guide reported that a sustainable planning consultant’s yearly salary could range from $50,000 – $60,000. With companies seeking to both cut costs and earn the “eco-friendly” label, sustainable consulting is a budding field. The U.S. Bureau of Labor Statistics projects the technical consulting field to grow by78 percent between 2006 and 2016, much faster than the 11 percent growth expected for all other industries.”
While the median salary is appealing, experienced consultants can earn a lot more. Some green consultants earn a six figure salary.
You don’t need a specific education to become a green consultant, although consultants with degrees in engineering, biology, chemistry and other applicable fields clearly have an edge. If you don’t want to develop a green consulting business from scratch, you can purchase a green consulting franchise opportunity, such as Green Irene or this care franchise.